How to Choose the Best Automated Trading Strategies on AlphaInsider

AlphaInsider is a marketplace for automated trading strategies, featuring pre-built and pre-tested algo trading algorithms for stocks and crypto. With live performance tracking via real-time Polygon data feeds—not backtesting—you get accurate historical results over periods like the past day, week, month, year, or five years.

This guide explains navigating the marketplace, reviewing forward-tested performance, assessing risk with drawdown, using the strategy calculator to see what a strategy would have earned you, and subscribing to strategies that you can add to your trading bot.

Navigating the AlphaInsider Marketplace

AlphaInsider tracks over a thousand strategies in real-time and the best performing autotrading strategies rise to the top, saving you tons of research. Strategies are categorized as top crypto strategies, top low-risk strategies, top stock strategies, and top free strategies.

• Identify Types: The AlphaInsider marketplace has algorithmic trading strategies for two asset types - stocks and crypto. Crypto icon indicates automated crypto trading strategies; absence means automated stock trading strategies.
• View Activity: Green/red dots show buys/sells, indicating recent trades over the past month.

Automate your own TradingView strategies with PineScript—see our guide on TradingView strategy automation.

Reviewing Forward Testing and Performance

Strategies undergo forward testing in live environments for reliability. Select one, like Profit Maximizer, to view its timeline.

• Historical Data: Hover over timeframes to see percentage returns, e.g., +200% past year or +1300% since 2020.
• Compare Options: Scan top performers to identify the best algorithmic trading strategies.

Performance accounts for fees: 2% per crypto trade, plus slippage for stocks and crypto.

Assessing Risk with Drawdown

Effective risk management is essential for auto trading strategies.

• Indicator: Yellow/red/green arrow beside the name shows max drawdown for the timeframe; hover for percentage (e.g., 20.7% past year, 53% lifetime).
• Tolerance Check: If 63% drawdown exceeds your limit despite high returns like +665%, opt for lower-risk autotrading strategies.

Using the Strategy Calculator

See what a strategy would have earned you with this tool.

1. Click the calculator icon top-right on the performance graph.
2. Input investment amount (e.g., $1,000) and start date (e.g., January 1, 2024).
3. Calculate to update charts, trades, and orders, revealing potential profits (e.g., +$1,700).

Subscribing and Automating

• Click "Subscribe" to add to your tab.
• View in "My Strategies," checking activity for oversight.
• Connect to broker/exchange for automation.

AlphaInsider streamlines automated trading strategies for alpha generation.